7446 Archer Avenue

Summit, IL 60501

$210,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investor Opportunity! Mixed Use Retail/Residential building on a corner lot of Archer Ave in Summit. Building features 3 Commercial Front units, 3 Residential units and 6 SRO units. Situated on almost half an acre with opportunity to develop. Building is vacant. Building is being sold in AS IS condition, no surveys nor disclosures, taxes prorated.Investor Opportunity! Mixed Use Retail/Residential building on a corner lot of Archer Ave in Summit. Building features 3 Commercial Front units, 3 Residential units and 6 SRO units. Situated on almost half an acre with opportunity to develop. Building is vacant. Building is being sold in AS IS condition, no surveys nor disclosures, taxes prorated.
  1. Listed by Michael Olszewski • Area Wide Realty

Property Details for 7446 Archer Avenue

Area
Summit
Township
Lyons
Zoning
COMMR
LISTING UPDATED: 11/11/2024 12:07 AM

Property Details for 7446 Archer Avenue

StatusActive
MLS #12204181
Days on Market12
Taxes$30,500 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1893
Lot Size0.46 AC / 20,000 SF
CountyCook County

Building Information for 7446 Archer Avenue

Stories2Residences6Year Built1893Lot Size0.46 AC / 20,000 SF

Property Information for 7446 Archer Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 19-30 Spaces
Location and General Information
  • Geographic Locale: Southwest Suburban
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: None
  • Heat/Ventilation: None
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 3
Property/Lot Information
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 110 X 180
  • Lot Size Square Feet: 20000.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Fire Protection: None
  • Building Area Total: 5994
  • # Of Offices: 0
  • # Of Stores: 3
  • Property Sub Type: Apts/Stores
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Cash
  • Public Document Count: 1
  • Document Date: 2024-11-05T19:27:31
  • Photos Count: 26
Miscellaneous
  • Current Use: Commercial, Non Conforming
  • Location: Corner
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 7446 Archer Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7446 Archer Avenue

This home is within Argo Chsd 217 School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - K to 4
Public - 5
Public - 6 to 8
Rating
School
Distance
W W Walker Elementary School
PublicK to 4

Walsh Elementary School
PublicK to 4

Heritage Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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7446 Archer Avenue is a mixed use property for sale in Summit, IL 60501. This property was listed for sale on November 5, 2024 by Area Wide Realty, it's currently listed at $210,000. This listing's school districts are Argo Chsd 217 School District, Summit School District 104. Nearby schools include W W Walker Elementary School, Walsh Elementary School and Dr Donald Wharton Elementary School. 7446 Archer Avenue is a 0-bed, 0-bath, mixed use property built in 1893.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Area Wide Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/11/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.